Top Score Fashion Co (SHSE:603608) Cyclically Adjusted Book per Share: ¥ (As of Jun. 2026)

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SHSE:603608 Top Score Fashion Co Ltd SHSE:603608
45 GF Score
Price ¥21.10
GF Value ¥5.12
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Top Score Fashion Co Cyclically Adjusted Book per Share?

Top Score Fashion Co SHSE:603608 -0.52% 45 Cyclically Adjusted Book per Share is ¥ as of Jun. 2026. GuruFocus rates SHSE:603608 with a GF Score™ of 45/100 and a GF Value™ of ¥5.12 (Significantly Overvalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Top Score Fashion Co's adjusted book value per share for the three months ended in Jun. 2026 was ¥3.080. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ¥ for the trailing ten years ended in Jun. 2026.

During the past 12 months, Top Score Fashion Co's average Cyclically Adjusted Book Growth Rate was -1.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2026-09-20), Top Score Fashion Co's current stock price is ¥21.10. Top Score Fashion Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ¥. Top Score Fashion Co's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Top Score Fashion Co was 6.58. The lowest was 0.56. And the median was 1.26.


Top Score Fashion Co  (SHSE:603608) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Top Score Fashion Co was 6.58. The lowest was 0.56. And the median was 1.26.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Top Score Fashion Co Cyclically Adjusted Book per Share Related Terms


Top Score Fashion Co Cyclically Adjusted Book per Share Historical Data

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The historical data trend for Top Score Fashion Co's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Top Score Fashion Co Cyclically Adjusted Book per Share Chart

Top Score Fashion Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
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Top Score Fashion Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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SHSE:603608 vs NKE, DECK, ONON: Cyclically Adjusted Book per Share Comparison

For the Footwear & Accessories subindustry, Top Score Fashion Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Top Score Fashion Co Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Top Score Fashion Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Top Score Fashion Co's Cyclically Adjusted PB Ratio falls into.


SHSE:603608
45GF Score
Top Score Fashion Co Ltd SHSE:603608
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Top Score Fashion Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Top Score Fashion Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.08/116.0564*116.0564
=3.080

Current CPI (Jun. 2026) = 116.0564.

Top Score Fashion Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.873 102.400 4.390
201612 3.959 102.600 4.478
201703 4.045 103.200 4.549
201706 3.964 103.100 4.462
201709 4.063 104.100 4.530
201712 4.733 104.500 5.256
201803 4.909 105.300 5.410
201806 4.826 104.900 5.339
201809 4.934 106.600 5.372
201812 5.067 106.500 5.522
201903 4.926 107.700 5.308
201906 4.869 107.700 5.247
201909 4.992 109.800 5.276
201912 5.177 111.200 5.403
202003 5.183 112.300 5.356
202006 5.264 110.400 5.534
202009 5.410 111.700 5.621
202012 4.100 111.500 4.268
202103 4.162 112.662 4.287
202106 4.055 111.769 4.211
202109 4.042 112.215 4.180
202112 3.774 113.108 3.872
202203 3.686 114.335 3.742
202206 3.632 114.558 3.680
202209 3.605 115.339 3.627
202212 3.295 115.116 3.322
202303 3.264 115.116 3.291
202306 3.266 114.558 3.309
202309 3.250 115.339 3.270
202312 3.225 114.781 3.261
202403 2.974 115.227 2.995
202406 3.098 114.781 3.132
202409 2.944 115.785 2.951
202412 2.824 114.893 2.853
202503 2.819 115.116 2.842
202506 2.842 114.907 2.870
202509 2.819 115.471 2.833
202512 2.876 115.832 2.882
202603 2.912 116.303 2.906
202606 3.080 116.056 3.080

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of ¥ mean?
Top Score Fashion Co (SHSE:603608) has a Cyclically Adjusted Book per Share of ¥ as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Top Score Fashion Co and its competitors.
Is Top Score Fashion Co's Cyclically Adjusted Book per Share too high?
Top Score Fashion Co's current Cyclically Adjusted Book per Share is ¥. Overall, Top Score Fashion Co has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Top Score Fashion Co's Cyclically Adjusted Book per Share compare to NKE and DECK?
Top Score Fashion Co's Cyclically Adjusted Book per Share of ¥ can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Book per Share depends on the Manufacturing - Apparel & Accessories industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Top Score Fashion Co and its competitors. Top Score Fashion Co's current Cyclically Adjusted Book per Share is ¥. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Score Fashion Co stock overvalued right now?
Based on GuruFocus' analysis, Top Score Fashion Co (SHSE:603608) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.12, compared to a current price of ¥21.10 — trading 312.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is ¥. Top Score Fashion Co's overall GF Score™ is 45/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Top Score Fashion Co (SHSE:603608), the current Cyclically Adjusted Book per Share is ¥ as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Top Score Fashion Co (SHSE:603608) Overvalued in 2026?

Based on GuruFocus' analysis, Top Score Fashion Co stock appears to be overvalued. The current stock price of ¥21.10 is trading 312.1% above its estimated GF Value™ of ¥5.12. GuruFocus considers Top Score Fashion Co to be Significantly Overvalued.

Key valuation signals for SHSE:603608:

  • Cyclically Adjusted Book per Share: ¥
  • GF Value™: ¥5.12 vs. price of ¥21.10 (312.1% above fair value)
  • GF Score™: 45/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603608 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Top Score Fashion Co Business Description

Address No. 31, Yinsha Street, Dongyong Town, Nansha District, Guangdon, Guangzhou, CHN
Top Score Fashion Co Ltd provides women's footwear products primarily in China. It offers leather, fur, and feather footwear products under the KISSCAT, Kiss Kitty, ZSAZSAZSU, tigrisso, and Patricia brands.
45GF Score

Get the complete analysis for SHSE:603608

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥21.10
Price
¥5.12
GF Value